Comments on: Juicy Bits for Politics Nerds http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/ Exposing the ugly truths about the Bush Administration. Mon, 13 Oct 2008 17:49:13 +0000 http://wordpress.org/?v=1.5.1.3 by: PurpleGirl http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-440997 Mon, 26 Nov 2007 03:14:22 +0000 http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-440997 idlemind, I found this article from 2001, by William Greider, which compares wages in Mexico and China. According to it, in 2001, Mexico may have paid $1.50 US to China's 20-25 Cents US per hour. So, yeah, China has been taking jobs from Mexico and many other places. (Or rather the multinational companies go looking for contractors in China to give the manufacturing work to.) http://www.thenation.com/doc/20011231/greider I agree that our infrastructure is rotting but then if the powers that be want lower taxes, who will invest in infrastructure. idlemind, I found this article from 2001, by William Greider, which compares wages in Mexico and China. According to it, in 2001, Mexico may have paid $1.50 US to China’s 20-25 Cents US per hour. So, yeah, China has been taking jobs from Mexico and many other places. (Or rather the multinational companies go looking for contractors in China to give the manufacturing work to.)

http://www.thenation.com/doc/20011231/greider

I agree that our infrastructure is rotting but then if the powers that be want lower taxes, who will invest in infrastructure.

]]> by: idlemind http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-440367 Sun, 25 Nov 2007 21:04:31 +0000 http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-440367 I'm not so sure that China has lower wages than Mexico, but they have definitely done a better job of building the infrastructure necessary for manufacturing. Meanwhile, our infrastructure rots. I’m not so sure that China has lower wages than Mexico, but they have definitely done a better job of building the infrastructure necessary for manufacturing. Meanwhile, our infrastructure rots.

]]> by: PurpleGirl http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-439718 Sun, 25 Nov 2007 15:57:06 +0000 http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-439718 In regards to NAFTA, it should be noted that many of the jobs that were sent to Mexico for cheap wages have now been sent to China for even CHEAPER wages. In regards to NAFTA, it should be noted that many of the jobs that were sent to Mexico for cheap wages have now been sent to China for even CHEAPER wages.

]]> by: Doug Hughes http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-434663 Sat, 24 Nov 2007 00:55:09 +0000 http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-434663 Re: "What were they Smoking?". I am hearing on NPR that the FBI is investigating over 1000 cases of Real Estate fraud, some of which included getting apprasers to give overblown values, which the banks were making sub-prime loans on, which made the builders even richer. . Til the buble burst.Think anyone will go to jail? We will be lucky if the banking industry allows Congress to pass legislation toregulate how they issue loans. Re: “What were they Smoking?”. I am hearing on NPR that the FBI is investigating over 1000 cases of Real Estate fraud, some of which included getting apprasers to give overblown values, which the banks were making sub-prime loans on, which made the builders even richer. . Til the buble burst.Think anyone will go to jail? We will be lucky if the banking industry allows Congress to pass legislation toregulate how they issue loans.

]]> by: Lynne http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-434569 Sat, 24 Nov 2007 00:27:24 +0000 http://www.mahablog.com/2007/11/23/juicy-bits-for-politics-nerds/#comment-434569 There is no longer a political center: that fact plays out in every part of daily life now. There is no longer a political center: that fact plays out in every part of daily life now.

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